What is the Return on Assets (ROA) of Shougang Century Holdings this year?
The Return on Assets (ROA) of Shougang Century Holdings is 0.02 undefined this year.
Shougang Century Holdings ROA 2024
Shougang Century Holdings ROA
0.02
Ticker
103.HK
ISIN
HK0103000607
WKN
884115
In 2024, Shougang Century Holdings's return on assets (ROA) was 0.02, a 31.21% increase from the 0.01 ROA in the previous year.
Shougang Century Holdings Aktienanalyse
What does Shougang Century Holdings do?
Shougang Concord Century Holdings Ltd is a Chinese company that was founded in 1993. The company is based in Beijing and is part of the Shougang Group, a huge state-owned enterprise that operates in over 20 countries. Shougang Concord Century Holdings is mainly involved in the steel industry and offers a wide range of products and services to its customers. The company is divided into three main business segments: the steel industry, the real estate industry, and the energy industry. In the steel industry, Shougang Concord Century Holdings is a significant producer of high-quality steel products for various applications. The company's products are used in many industries, including construction, automotive, aerospace, and electronics. The history of Shougang Concord Century Holdings dates back to the establishment of Shougang in the 1950s. The company was initially a small steel mill in Beijing, working on behalf of the Chinese government. Over the years, the company expanded and became a major player in the Chinese market for steel products. In the 1990s, Shougang Concord Century Holdings began to expand its business activities into new areas such as the real estate industry and the energy industry. Since then, the company has further strengthened its position as one of the leading Chinese companies in these sectors. The business model of Shougang Concord Century Holdings is focused on continuity and growth. The company invests continuously in its existing business segments and explores new market opportunities. This is done strategically, with a focus on building strong relationships with customers, partners, and regulatory authorities. In the steel industry, Shougang Concord Century Holdings is a significant producer of cold-rolled steel and steel pipes. The company is capable of manufacturing a variety of steel grades and shapes that meet the requirements of its customers. This includes specialized products such as stainless steel and electrolytic zinc steel. In the real estate industry, Shougang Concord Century Holdings focuses on the development of office and residential properties in China. The company has completed several major projects in Beijing and other Chinese cities. It has been particularly successful in the development of business parks tailored to the needs of technology and media companies. In the energy industry, Shougang Concord Century Holdings is involved in the production of heavy oil and natural gas. The company operates several gas fields in the Sichuan region and is capable of extracting and delivering a significant amount of natural gas. Heavy oil is used in industry as fuel and as a raw material for the production of chemicals. Overall, Shougang Concord Century Holdings emphasizes broad diversification of its business activities. This positions the company well to withstand market fluctuations and economic turbulence. At the same time, it is able to take advantage of new market opportunities and continuously expand its business. Shougang Century Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Shougang Century Holdings's Return on Assets (ROA)
Shougang Century Holdings's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Shougang Century Holdings's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Shougang Century Holdings's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Shougang Century Holdings’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Shougang Century Holdings Stock
What was the ROA of Shougang Century Holdings compared to the previous year?
The ROA of Shougang Century Holdings has increased by 31.21% compared to the previous year.
What consequences do high ROA have for investors of Shougang Century Holdings?
A high ROA is advantageous for investors of Shougang Century Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Shougang Century Holdings?
A low ROA can be unfavorable for investors of Shougang Century Holdings as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Shougang Century Holdings affect the company?
An increase in ROA of Shougang Century Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Shougang Century Holdings impact the company?
A reduction in the ROA of Shougang Century Holdings can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Shougang Century Holdings?
Some factors that can influence the ROA of Shougang Century Holdings include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Shougang Century Holdings important for investors?
The ROA of Shougang Century Holdings is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Shougang Century Holdings take to improve ROA?
To improve ROA, Shougang Century Holdings can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Shougang Century Holdings pay?
Over the past 12 months, Shougang Century Holdings paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 2.96 %. For the coming 12 months, Shougang Century Holdings is expected to pay a dividend of 0.01 HKD.
What is the dividend yield of Shougang Century Holdings?
The current dividend yield of Shougang Century Holdings is 2.96 %.
When does Shougang Century Holdings pay dividends?
Shougang Century Holdings pays a quarterly dividend. This is distributed in the months of July, August, August, August.
How secure is the dividend of Shougang Century Holdings?
Shougang Century Holdings paid dividends every year for the past 4 years.
What is the dividend of Shougang Century Holdings?
For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 2.96 %.
In which sector is Shougang Century Holdings located?
Shougang Century Holdings is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Shougang Century Holdings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shougang Century Holdings from 7/31/2024 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.
When did Shougang Century Holdings pay the last dividend?
The last dividend was paid out on 7/31/2024.
What was the dividend of Shougang Century Holdings in the year 2023?
In the year 2023, Shougang Century Holdings distributed 0.015 HKD as dividends.
In which currency does Shougang Century Holdings pay out the dividend?
The dividends of Shougang Century Holdings are distributed in HKD.
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Andere Kennzahlen von Shougang Century Holdings
Our stock analysis for Shougang Century Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shougang Century Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- Shougang Century Holdings ROE
- Shougang Century Holdings ROA
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